PT Multi Bintang Indonesia Tbk Reports Financial Results FY2013 (October 2012 – December 2013)
May 12, 2013
- Revenue for the fifteen months period in review grew by 17% to Rp 3,562 billion.
- Total Comprehensive Income soared by 23% for the fifteen months period to Rp 1,192 billion.
- The Board of Directors proposes a final dividend of Rp 970,821 milion, equivalent to Rp 46,076 per share.
12 May 2013, Jakarta – PT Multi Bintang Indonesia Tbk (MBI) announced today its financial results for the financial year ended 31 December 2013. In alignment with the financial period of its majority shareholder, HEINEKEN, the fiscal period of the Company is now from 1 January to 31 December. With the changes being implemented in January 2013, the Company’s FY 2013 performance is a review of fifteen-month operation from October 2012 to December 2013.
FY2013 (October 2012 – December 2013) was a remarkable year with record high revenue of RP 3,562 billion, representing a 17% top line growth when compared to the same period last year.
Higher sales volume of both our beer and soft drink products, improved revenue management, better distribution of our portfolio of brands at the points of sales, and strengthened brand equity of Bintang, Heineken®, and Green Sands were the key drivers of our improved results.
Underpinned by these factors, profit before income tax registered an impressive growth with 22% increase to Rp 1,577 billion. Likewise, total comprehensive income soared by 23% for the fifteen month period from Rp 970 billion to Rp 1,192 billion, translated to an 21% increase in earnings per share from Rp 46,017 to Rp 55,576.
In view of the Company’s remarkable results for 2013, The Board of Directors proposes a final dividend of Rp 970,821 million, equivalent to Rp 46,076 per share.